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Ziaur Rahman: The Architect of Modern Bangladesh and His Lasting Legacy

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Ziaur Rahman , often referred to as Shaheed Zia , remains one of the most influential figures in the history of Bangladesh. As the nation celebrates his 90th birth anniversary this January 2026, his contributions as a soldier, a statesman, and the founder of the Bangladesh Nationalist Party (BNP) continue to spark discussion and admiration across the globe.  Who was Ziaur Rahman? Born on January 19, 1936, in Bogra, Ziaur Rahman rose from a brilliant military career to become the 6th President of Bangladesh. He is widely remembered as the "Announcer of Independence," whose voice on the radio in March 1971 galvanized a nation during the Liberation War.  Key Contributions to Bangladesh Ziaur Rahman’s presidency (1977–1981) was marked by a shift from a socialist economy to a free-market model, laying the groundwork for the country’s current economic pillars.   • Economic Reforms: He introduced the "19-point program" focusing on self-reliance, rural development, and agr...
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Plaza Accord 2.0? How US "Financial Warfare" Could Trigger India’s Lost Decades

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  Is History Repeating Itself ? From Japan’s Lost Decades to India’s Trade War In 1985, a single agreement signed at a New York hotel changed the course of the global economy forever. The Plaza Accord was a deal designed to save the American economy, but it arguably cost Japan its future. Today, as trade tensions rise between the US, India, and China, are we witnessing the beginning of a sequel? The History: What Was the Plaza Accord (1985)? In the early 1980s, the United States faced a crisis. The US Dollar (USD) was too strong, making American goods expensive abroad, while Japan was the world's dominating exporter. The US ran a massive trade deficit, specifically with Japan. On September 22, 1985, the G5 nations (US, Japan, West Germany, France, UK) met at the Plaza Hotel. They agreed to intervene in currency markets to depreciate the US Dollar and strengthen the Japanese Yen . The Aftermath for Japan: Currency Shock: The Yen strengthened from ~250 JPY/USD to ~150 JPY/USD in ...
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